financetom
Business
financetom
/
Business
/
Uber, Alphabet's Waymo Partner on Autonomous Ride-Hailing Service in 2 Cities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uber, Alphabet's Waymo Partner on Autonomous Ride-Hailing Service in 2 Cities
Sep 13, 2024 12:09 PM

09:28 AM EDT, 09/13/2024 (MT Newswires) -- Uber Technologies ( UBER ) said Friday it was expanding its partnership with Alphabet's (GOOG, GOOGL) Waymo autonomous vehicle unit by making Waymo Driver self-driving vehicles available to people in Atlanta, Georgia, and Austin, Texas, starting early next year.

Under terms of the revised agreement, Uber will manage and dispatch a fleet of Waymo's Jaguar I-PACE self-driving vehicles in each market for riders using either UberX, Uber Green, Uber Comfort or Uber Comfort Electric applications. Uber will also provide vehicle cleaning, repair and other general depot operations.

Waymo will continue to be responsible for the testing and operation of the Waymo Driver, including roadside assistance and certain rider support functions, Uber said.

Uber shares were climbing more than 6% in Friday's pre-market. Alphabet shares were up 0.7% ahead of the opening bell.

Price: 72.51, Change: +4.42, Percent Change: +6.49

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved